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School Reports in Lake Oswego, Tualatin and Portland, Oregon
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Real Estate Tips
Pricing >Price and Condition

Pricing a house is one of the most important parts of the marketing process. You want to get as much for the property as you can, but if you set the price too high, you can turn away qualified buyers. Your real estate agent can tell you the selling price of homes comparable to yours. Pricing strategy depends on market conditions, and it is different in a buyers' market than it is in a sellers' market.

If your home is overpriced, the marketplace will reflect that to you. When a property fails to sell in a reasonable period of time, you and your real estate agent should have a frank discussion to determine whether too high a price tag is the reason. Your real estate agent will also be getting feedback from other agents who have shown your home.

Remember that price is only one factor. Consider ways you can make the property more attractive to show by handling needed repairs, improving curb appeal or making cosmetic improvements. Improve the condition of your home and you will improve its chances of selling.

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Real Estate Trivia
Q 
What does "contingency" mean in real estate?

A 
A contingency is a specified event that must take place before a home purchase contract is binding; for example, a sale can be said to be "contingent upon the sale of the buyer's current residence."
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Lisa and Alby Heredia, REALTOR®, real estate agent and broker for Lake Oswego, Tualatin and Portland, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Lisa & Alby Heredia
Coldwell Banker Barbara Sue Seal Properties

4200 Mercantile Drive, Suite 700
Lake Oswego, OR 97035
Alby: 503-740-7481
Lisa: 503-267-8041
Office: 503-241-7325
Fax: 503-210-1533
info@HerediaRealty.com

As the core of Heredia Realty Group, Lisa & Alby Heredia strive to provide you with a better selling experience: Experience based on their extensive knowledge of the local market and years of real estate transaction expertise. When it comes to getting the highest price for your home in the least amount of time, they get the job done. Heredia Realty Group is a team of service-oriented individuals, working in your best interest, all of whom have proven their ability to get the job done.

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